J.C. Penney is closing more stores after a weak holiday sales season. Fourth-quarter income tumbled nearly 70 percent and revenue slid 8 percent. It did beat Wall Street expectations, and shares jumped 18 percent before the opening bell Thursday. The Plano, Texas-based company said it would close 27 stores this year, including three locations previously announced in January. The closures include 18 full-line stores and nine home and furniture shops. Read more https://www.post-gazette.com/busine...res-as-sales-deteriorate/stories/201902280107
